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Dogecoin – which was created as a joke and has no practical use cases – surged in popularity during the crypto boom of 2021 but has since cratered. It's trading at just over 7 cents – 90% below the 68-cent peak on May 8, the day before Musk's"SNL" appearance.
Musk and Tesla questioned whether another amendment to the lawsuit could be justified last week, but judge Alvin Hellerstein said in a separate court order Wednesday that he would likely allow it. Alex Spiro, a lawyer for both Musk and Tesla, did not immediately respond to a request for comment from Insider, made outside normal working hours.
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